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It’s Been 3 Days Since the S&P Downgrade – Obama Has Yet to Release Statement

By Jim Hoft
Published August 8, 2011 at 4:56am
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It’s 3 AM – Nobody’s home

It’s been 48 hours 3 days since Standard and Poors downgraded the US credit rating.

On Friday the United States lost its coveted AAA credit rating. Credit rating agency Standard & Poor’s downgraded the nation’s rating for the first time since the U.S. won the top ranking in 1917. 18 countries now have a better credit rating than the US.

Barack Obama has still not released a statement.

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Jim Hoft
Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016.







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